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2021 Global Hydrogen Powered Transport Market Size, Share, Trends, COVID-19 Impact And Growth Analysis Report
Hydrogen Powered Transport Market
The hydrogen powered transport market report describes and explains the global hydrogen powered transport market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The hydrogen powered transport market consists of the sales of hydrogen powered transport services and related goods by entities (organizations, sole traders and partnerships) that are engaged in the manufacturing of electric vehicles. Only goods and services traded between entities or sold to end consumers are included.
The global hydrogen powered transport market is expected to grow from $2.09 billion in 2020 to $3.27 billion in 2021 at a compound annual growth rate (CAGR) of 56.3%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $20.04 billion in 2025 at a CAGR of 58%.
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Some of the major players of the hydrogen powered transport market are Honda, Toyota, Hyundai, BMW, General Motors, Foton, Mercedes-Benz, Volkswagen, SAIC, FeiChi Bus, Dongfeng, Volvo, Ballard Power Systems, Audi, MAN, Groupe Renault, Mazda Motor Corporation, Hydrogenics, Kia Motor Corporation, Tata Motors Limited, Nikola Corporation.
The countries covered in the global hydrogen powered transport market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global hydrogen powered transport market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global hydrogen powered transport market is segmented -
1) By Fuel Cell Technology Type: Proton Exchange Membrane Fuel Cells, Phosphoric Acid Fuel Cells, Others
2) By Vehicle Type: Cars, Buses, Trucks, Others
3) By End Use: Passenger Vehicle, Commercial Vehicle
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Few Points From Table Of Content
1. Executive Summary
2. Hydrogen Powered Transport Market Characteristics
3. Hydrogen Powered Transport Market Trends And Strategies
4. Impact Of COVID-19 On Hydrogen Powered Transport
5. Hydrogen Powered Transport Market Size And Growth
.....
26. Africa Hydrogen Powered Transport Market
27. Hydrogen Powered Transport Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hydrogen Powered Transport Market
29. Hydrogen Powered Transport Market Future Outlook and Potential Analysis
30. Appendix
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